BBOXX to rollout 300.000 solar kits in Togo

BBOXX, a global off-grid solar company, is making significant strides in expanding its reach beyond its core markets of Rwanda and Kenya. With plans to introduce solar kits to Togo, the company aims to provide up to 300,000 households with sustainable energy solutions over the next five years. In a recent interview with CNBC Africa, Justus Mucyo, Head of Retail Operations for Africa at BBOXX, shed light on the company's ambitious plans and the strategic decisions driving its expansion. BBOXX's success in Rwanda and Kenya has served as a launchpad for its entry into new markets, with a focus on addressing the electrification challenges not only in Africa but worldwide. Mucyo highlighted the company's evolution from working with third-party distributors to establishing its presence directly in target markets. By leveraging its expertise, infrastructure, and technology, BBOXX aims to create a scalable model that can cater to diverse energy distribution needs, embracing a mix of grid, microgrid, and off-grid solutions. The company's recent financing partnership with BPR, valued at $2 million in local currency, underscores its commitment to fueling growth and innovation in the solar energy sector. This financial support is instrumental in deploying new systems and expanding operations in Rwanda, with profits earmarked for reinvestment in the local business. Going forward, BBOXX's partnership with the Togolese government signals a collaborative approach to driving sustainable energy access in the region. By engaging in a competitive selection process and aligning with government priorities, the company aims to establish a long-term service model that prioritizes customer needs and post-sales support. As BBOXX gears up to launch operations in Togo on October 1, 2017, the focus remains on building a robust local team and ensuring seamless logistical operations. While maintaining its African headquarters in Rwanda, BBOXX views Togo as a strategic gateway to expand its footprint in West Africa, tapping into the country's potential as a regional energy hub. By decentralizing certain operations to leverage Togo's favorable business environment, the company aims to address key electrification challenges and pave the way for broader market penetration. BBOXX's business restructuring in 2015, which emphasized off-grid solar home solutions, has proven pivotal in attracting investment and fostering industry partnerships. The company's innovative approach to rural asset financing has not only secured key deals but has also catalyzed interest in the sector, making sustainable energy solutions more accessible and scalable. With a dynamic vision for growth and a commitment to driving impact across diverse markets, BBOXX is poised to lead the charge in transforming the energy landscape in Africa and beyond.